NYSE threatens to boot Offerpad over plummeting share price
Offerpad's stock slipped below $1 per share in late October, positioning the iBuyer to be delisted from the New York Stock Exchange, which could make it more difficult to buy and sell shares
by Ben Verde Nov 21
Blend announces more layoffs as cumulative losses surpass $1B
The mortgage tech and title provider posted a $132.7M net loss in the third quarter of 2022, with revenue falling 38% from a year ago to $55.3M, according to an earnings call Thursday
by Matt Carter Nov 11
UWM overtakes Rocket Mortgage as biggest US lender after strong Q3
United Wholesale Mortgage says it's attracting not only homebuyers, but mortgage originators, by slashing rates and offering the latest technology to build market share
by Matt Carter Nov 4
SEC is investigating Better as Barclays, Citigroup resign as deal advisers
Mortgage upstart Better's plan to go public via a SPAC merger faces new challenges as banks that were advising the companies resign their roles
by Taylor Anderson Jul 14
Better parts ways with second head of real estate in 4 months
The embattled mortgage company confirmed it had let go of Chad Walker shortly after 3 other executives have recently departed. Nick Taylor will replace Walker as head of the division
by Taylor Anderson Jun 29
Douglas Elliman to go public in spinoff from Vector Group
If approved by the FTC and Vector Group's board, Douglas Elliman's shares would trade under the ticker 'DOUG' on the New York Stock Exchange
Compass IPO will price shares between $23 and $26
The brokerage and tech company is eyeing a $10B valuation as it gets ready to go public
by Patrick Kearns Mar 23
Home improvement marketplace Porch makes stock market debut
Porch has evolved into an enterprise software company as well as a consumer-facing marketplace. The firm is the latest to use a merger with a blank check company to go public
by Jim Dalrymple II Dec 24
LoanDepot mulling IPO: Report
The lending giant could be worth $12B to $15B, according to new report in Bloomberg
by Patrick Kearns Sep 21
Airbnb files paperwork to go public
Although the company has provided few details, the announcement at leasts ends months of speculation that Airbnb was on the verge of an IPO
by Jim Dalrymple II Aug 19
Citing pandemic, Redfin sells $110M stake to venture capital firm
Founded in 2019, Durable Capital Partners is run by former T Rowe Price investment manager Henry Ellenbogen. 'In chaotic times, he understands our long-term commitments to our culture and our technology,' Redfin CEO Glenn Kelman said
by Patrick Kearns Mar 31
Realogy temporarily cuts executive pay amid coronavirus slowdown
Realogy CEO Ryan Schneider is taking a 90% pay cut while his direct reports are reducing compensation by 50%
by Patrick Kearns Mar 25
After a tumultuous 2019, WeWork has a new CEO
Sandeep Mathrani, previously the CEO of Brookfield Properties' retail group, has deep ties to the real estate industry
by Patrick Kearns Feb 4
Fathom Realty's IPO filing reveals increased revenue, widening losses
The flat-fee, virtual brokerage posted a net loss of more than $2.6M in the first nine months of 2019
by Patrick Kearns Jan 24
A man presenting charts
The US real estate technology sector nabbed $1.9B in growth equity capital in the 3rd quarter of 2019, but will WeWork's debacle hurt the market?
by Patrick Kearns Nov 12